Results 76 to 100 of 142
-
06-28-2018, 01:50 PM #76
-
06-28-2018, 01:51 PM #77
- Join Date
- May 2018
- Posts
- 70
-
06-28-2018, 01:54 PM #78
- Join Date
- May 2018
- Posts
- 70
On deck - INTERNAL SALES TEAM WILL STEAL YOUR FILE
Strategic
Can capital
Quarterspot
Principis
Iou
1st global - THEY MEAN WELL BUT HAVE LEAKS AND HAVEN'T FULLY PLUGGED THEM YET
BFS - BACKDOOR SHOP
Expansion capital
Uplift capital - HAS RELATIONSHIP WITH ONE OR MORE BROKERS SO CAVEAT EMPTOR
In advance
Lendini
Mantis - BROKERS OUT
Yellow stone - MIGHT AS WELL POST YOUR MERCHANT'S CELL AND EMAIL ON A ****ING BILLBOARD IN TIMES SQUARE
-
06-28-2018, 01:58 PM #79
- Join Date
- Feb 2018
- Posts
- 1,349
On deck - we don't work with. didn't like their ISO agreement and policies on renewals
Strategic - have had issues with renewal dept not responding to emails and have seen very poor communication on eligibility.
Can capital- have had zero issues but its a new relationship so time will tell
Quarterspot - no idea never use them
Principis - too tight on UW, so, not much history there .
Iou- never used them
1st global - never used them
BFS - no clue but have read enough on these forums
Expansion capital- never used
Uplift capital - never used but thought they were more of a broker.
In advance - no clue
Lendini - somewhat decent experience but not on renewals
Mantis - never used
Yellow stone - no clue
-
06-28-2018, 01:59 PM #80Karen37aGuest
I do not have any animosity towards you. You kinda threw yourself into the gladiator pit with sand and a rock for a weapon.
How can you trust the advice of people who are giving you information? Here is mine anyway.
Understand the algorithms and underwriting guidelines and how they apply to the files...then and only then you will be able to decipher if you are being treated fairly or not.
Watch your approval ratios and your closing ratios and if they are way off trying to analyze the reasons why.
Is their a disparity between companies?
Rethink your marketing strategies and adjust to max out profitability not just for yourself but for the funder.
Ask people who their favourite funders are and why...everyone has a different opinion.
This backend part of underwriting and funding is the reason some Isos Brokers are valuable....as an example...you cant expect to walk into a lawyers office every day and get advice for free...the clock starts ticking and you get charged hourly for the advice.
All of these things are solved by getting a mentor or a brokers broker or Super iso above you, who will have skin in the game and a reason for coaching you...or just read past posts or learn from experienceLast edited by Karen37a; 06-28-2018 at 02:02 PM.
-
06-28-2018, 02:06 PM #81Karen37aGuest
-
06-28-2018, 02:08 PM #82
- Join Date
- Jun 2018
- Posts
- 462
-
06-28-2018, 02:09 PM #83
-
06-28-2018, 02:09 PM #84
- Join Date
- Jun 2018
- Posts
- 462
-
06-28-2018, 02:10 PM #85
- Join Date
- Jun 2018
- Posts
- 462
-
06-28-2018, 02:10 PM #86
- Join Date
- Jun 2018
- Posts
- 462
-
06-28-2018, 02:12 PM #87
- Join Date
- Jun 2018
- Posts
- 462
what really throws me off is the leaks everyone speak about i see it but then the companies i have my doubts about makes the best offer and funds its like they pick and choose what to take
-
06-28-2018, 02:15 PM #88Karen37aGuest
-
06-28-2018, 02:24 PM #89
- Join Date
- Mar 2016
- Posts
- 657
-
06-28-2018, 02:27 PM #90
- Join Date
- Jun 2018
- Posts
- 462
one of the funders i was looking to cut off that keeps getting bashed here just funded a nice sized deal FOR me and quick ugh they kept me on the hook
-
06-28-2018, 02:28 PM #91
- Join Date
- Jun 2018
- Posts
- 462
-
06-28-2018, 02:29 PM #92
- Join Date
- Jun 2018
- Posts
- 462
on deck is top notch in my book we do alot of biz with them never have an issue
but that may be also because from offer time to me getting the merchant to sign doesn't take much time
-
06-28-2018, 02:32 PM #93
- Join Date
- May 2018
- Posts
- 44
-
06-28-2018, 02:33 PM #94Karen37aGuest
-
06-28-2018, 02:33 PM #95
- Join Date
- Jun 2018
- Posts
- 462
-
06-28-2018, 02:34 PM #96
- Join Date
- May 2018
- Posts
- 44
-
06-28-2018, 02:39 PM #97Karen37aGuest
* first person talks loses the sale...the reverse bait and lure with the half twist **
Have a great weekend all
-
06-28-2018, 02:42 PM #98
- Join Date
- Jun 2018
- Posts
- 462
-
06-28-2018, 02:43 PM #99
- Join Date
- Jun 2018
- Posts
- 462
-
06-28-2018, 02:46 PM #100Karen37aGuest
Similar Threads
-
Yet again my deals sits i underwriting for 3 days only to be back doored !!
By kingcash555 in forum Merchant Cash AdvanceReplies: 37Last Post: 09-25-2018, 06:48 AM -
Learning Back End
By TonyNitro89 in forum Merchant Cash AdvanceReplies: 1Last Post: 05-31-2018, 05:18 PM -
Back in the Business
By Jagopat in forum PromotionsReplies: 1Last Post: 05-08-2017, 04:17 PM -
why do people think every deal they lose is back doored
By J.Celifarco in forum Merchant Cash AdvanceReplies: 13Last Post: 01-20-2017, 12:20 AM -
Nick is Back
By Lendini in forum Merchant Cash AdvanceReplies: 10Last Post: 07-31-2016, 06:09 PM